QIMC announces start of trial operation of Gizaz factory
The Peninsula
Doha: Qatar Industrial Manufacturing Company (QIMC) announced yesterday the start of the trial operation of the Gizaz factory for glass containers....
Doha: Qatar Industrial Manufacturing Company (QIMC) announced yesterday the start of the trial operation of the Gizaz factory for glass containers.
CEO of QIMC and Chairman Gizaz Glass Containers Company Abdulrahman Abdullah Al Ansari said that the trial operation of the plant began on June 15, 2024 as per the approved plan and in coordination with the Italian company responsible for designing, supplying and installing the equipment and production lines.
QIMC owns 50 percent of the project, other local and foreign investors are parties to the project with total share of 50 percent. The total investment of the project is approximately QR360m.
The production capacity of the project in the first phase is about 200 tons/day, or about 1 million packages/day. In the future, a second oven and additional production lines will be added, which will raise the production capacity to about 400 tons per day. This expansion is expected to improve the financial results of the project and significantly increase its profitability.
The operational trials are planned to continue for about one month. After completion and ensuring that the required results and production quantities are achieved, the commercial production phase of the factory will begin. The plant will operate at full capacity, and sales to both local and foreign customers will commence. This is expected to begin at the start of next August.